Tag: SL Government
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Sri Lanka explores the possibility of buying Russian oil & fertilizers
The Sri Lankan government is seeking Russian cooperation in multiple sectors, namely, tourism, air traffic, and locomotive construction, besides eyeing crude from Moscow.
CB maintains interest rates at current level with tight monetary policy.
The Monetary Board of the Central Bank of Sri Lanka decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 15.50 per cent and 16.50 per cent, respectively.
Sri Lanka to lose US$10 billion as compensation for the the X-Press Pearl Disaster
Time is running out for Sri Lanka to take legal action for the X-Press Pearl Disaster claiming environmental damage caused by the fire that broke when the vessel approached the Port of Colombo on May 19, 2021.
ComBank launches two platforms to link local businesses to global markets
Sri Lanka’s Business enterprises have been offered opportunities to establish contacts with their counterparts in overseas via two new palt forms unveiled by the Commercial Bank.
Govt to introduce QR code system for farmers to provide concessions
With the World Bank’s decision to extend the aid for the agriculture sector modernization project, implemented to introduce new technology in Sri Lanka, for another 18 months, the Government is developing a QR code system for farmers to provide them with the relevant allowances and subsidies.